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Cryptocurrency News Articles

Rollblock Presale Causes FOMO Among Investors Amid AVAX and DOGE Possibilities

Dec 23, 2024 at 04:44 am

The entire crypto market is currently plunging into the red zone, with many coins struggling to hold on to the gains from late November to early December. Nonetheless, altcoins like Avalanche (AVAX) and Dogecoin (DOGE) have been in strong demand in the past month based on their technical analyses.

Rollblock Presale Causes FOMO Among Investors Amid AVAX and DOGE Possibilities

Cryptocurrency prices have been on a downturn lately, with many coins struggling to hold on to the gains they made from late November to early December. However, some altcoins, such as Avalanche (AVAX) and Dogecoin (DOGE), have seen strong demand in the past month, based on their technical analyses.

For instance, the AVAX price has been on a surge over the past 30 days. But an innovative project called Rollblock has been driving fear of missing out (FOMO) among altcoin investors during its presale. The project has raised over $7.4 million since its presale began, garnering massive attention from investors seeking the next altcoin to explode. But what makes Rollblock a top choice among investors amid the AVAX and DOGE possibilities? Let’s find out.

Rollblock innovation to drive it to new heights

While altcoins like AVAX and DOGE lose steam, Rollblock has seen a consistent increase in its price over the past few months. During its presale, the Rollblock token has made the headlines for its lightning-fast raises, which total over $7.4 million at the time of writing. But the potential of the Rollblock token goes beyond its presale. The utility token powers the vast Rollblock ecosystem, which features a leading online casino.

The Rollblock token is a GambleFi asset that enables users to play safely in the decentralized finance (DeFi) market. Here, they can access features such as Rollblock staking, which allows them to earn up to 30% APY from the platform’s liquidity pool. The token also serves as the players’ wagers on their favorite casino games, offering them an avenue to access real-money gaming opportunities and potential winnings.

AVAX drops to $38: Will investors lose interest?

AVAX is one of the altcoins that have had a less impressive performance in the past year. The AVAX price is down by almost 9% in the last 12 months, despite most cryptocurrencies garnering decent gains over the same period. However, the AVAX price is up by almost 20% in the past month, and the coin’s one-month technical analysis shows there is a bullish sentiment among investors.

Despite a recent pullback in the Avalanche price that has it testing lower support levels, the FOMO among investors is evident as they secure the coins at a lower price before the 2025 market rally.

Dogecoin crashes after Fed rate cut

Another altcoin that has seen a pullback in the crypto market over the past month is Dogecoin. While the coin’s year-to-date (YTD) growth stood at about 240% at the time of writing, the recent DOGE price is in the red, having fallen by over 17% in the past month. The DOGE price decline coincides with the fall in general crypto prices, and the recent cut in the Federal Reserve interest rates caused a crypto market crash.

Nevertheless, DOGE is driving FOMO among investors who believe the altcoin will bounce back in no time. The optimism is evident in its one-month technical analysis, which indicates a bullish “Buy” sentiment among DOGE traders.

Concluding thoughts

The Rollblock presale has been driving fear of missing out (FOMO) among investors looking to find the next big altcoin. You can also be a part of the project by purchasing Rollblock at a discounted rate of $0.043 in stage 9.

Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

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News source:techbullion.com

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